In August 2009, Suncor Energy completed its merger with Petro-Canada to create Canada's premier energy company.
The 'new' Suncor Energy began trading on the New York Stock Exchange today and on the Toronto Stock Exchange on August 7.
Suncor Energy became Canada's largest energy company and the fifth largest North American-based energy company by market value when it opened trading. The new Suncor combines a leading position in Canada's oil sands with complementary operations in refining and marketing, North American natural gas production and conventional production internationally and offshore East Coast Canada. The company also holds a significant position in Canada's emerging renewable energy industry with wind power projects and biofuels production.
Latest Suncor Energy News
The opening seven months of 2016 have brought a revival in the Canadian E&P space following an extremely lacklustre end to 2015, when very few deals were agreed in light of an uncertain and inhibitive pricing environment. In CanOils latest monthly review of deals in the Canadian E&P space, the larg... Thursday, August 18, 2016
OMV, the international integrated oil and gas company based in Vienna, has agreed to sell a 30 percent interest in the UK offshore oil and gas project Rosebank to Suncor Energy. Suncor, based in Calgary, is Canada's largest integrated energy company. After this transaction, OMV's interest will amou... Wednesday, August 10, 2016
'The forest fires in the Fort McMurray area significantly impacted the region,' said Steve Williams, president and chief executive officer. 'We shut in our Oil Sands production and focused on the safe evacuation of employees, their families and the community. I'm tremendously proud of the Suncor tea... Thursday, July 28, 2016
Oil went from $8-$147 per barrel between 1998-2008. Then it crashed to $32. Then it rocketed to $105 for five years. Then it crashed to $27. Notice a pattern at all? Ever wonder why management of senior oil companies don't notice this same pattern? How can that be so when the long history of this ... Wednesday, June 8, 2016
All Suncor Energy News
Suncor today confirmed that it is ramping up production in a staged manner and expects that all of its operations in the Regional Municipality of Wood Buffalo ('RMWB') will be producing at normal, pre-turnaround rates by the end of June. Suncor expects base plant operations to return to pre-fire pr... Tuesday, June 7, 2016